Italcementi suffers from jump in financing costs
Italcementi's first-half turnover declined by six per cent to EUR2048.4m, but the running EBITDA did improve by 2.2 per cent to EUR304.8m.
Italy
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Buzzi Unicem and Wietersdorfer deal completed
Buzzi Unicem has completed a strategic agreement with Wietersdorfer initially announced in February this year. Under the terms of the deal, Buzzi Unicem is receiving EUR22m from...
Cementir's growth impeded by the strong euro
Cementir's turnover emerged just 0.1 per cent ahead at EUR472.8m in first half of the year, as the improvement in Denmark and Norway was offset by currency weakness and the cont...
Italcementi reaches threshold for squeeze-out of Ciments Français
Italcementi said on Thursday it had bought more than 95 percent of share capital of Ciments Français, reaching the threshold for the squeeze-out of minorities at its French unit. ç
Italcementi Finance signs credit facility, Italy
Italcementi Finance SA, a subsidiary of Italian cement maker Italcementi, has signed with a group of 14 international banks a syndicated revolving credit line for EUR450m with a...
Cemex to open export terminal in Italy to boost Spanish operations
Cemex intends to give its Spanish operations a boost through the construction of a cement export terminal in Italy. The facility will also serve as an export base from other Eur...
FLSmidth Ventomatic consolidates its presence in the minerals and chemical industries
FLSmidth Ventomatic SpA (Ventomatic) has strengthened its position in the minerals and chemical industries through the consolidation of partnerships with two Italian companies, ...
Italcementi sets Ciments Francais bid price
Italcementi said on Tuesday it had fixed the price in a takeover bid for the shares in its French unit Ciments Francais that it does not yet own at EUR79.5/share. The takeover, ...
Italian price probe
Italy's antitrust authority has launched an investigation into eight Italian producers and vendors to determine if they have colluded to restrict competition in the Veneto regio...
Cementir advances in Nordic area and Turkey
Cementir showed a 6.1 per cent recovery in first quarter turnver to EUR206.6m and EBITDA jumped from EUR9.2m to EUR24.6m, reflecting improved profits from the Nordic countries a...